Quote from: the joint on April 17, 2012, 04:16:43 AM

Quote from: Stephen Gornick on April 17, 2012, 04:15:14 AM

Quote from: the joint on April 16, 2012, 11:11:52 PM

I don't need to file any taxes this year

Just want to clarify here because the words you are using don't jive with your conclusion.

A person whose income is below certain levels is not required to file taxes. That doesn't mean their income, from whatever source, isn't considered taxable income.

And related:
- http://www.bankrate.com/finance/money-guides/turning-hobby-into-business-means-tax-breaks.aspx

No, seriously. H&R block said don't even bother coming in, that I have NO income.

That's because the income tax in part stems from one's use of the private credit of the Federal Reserve.

The income tax was never constitutional.... until the private Federal Reserve came along and people started circulating their debt notes as "money".

Don't use their private credit, and suddenly the income tax is not nearly as much of a problem.